A revaluation in the price action of the price of RBS tokens was recorded again

in #bloglast month

Introduction

Although currently in the world of cryptocurrencies, all eyes are on the likely new record high of Bitcoin, there are technical signs that reveal that the tokens that run on DeFi will begin to improve its price, such is the case of RBS, which at the time of writing this post was located at $ 0.208.

The above, is something that in particular I have been analyzing and following closely, this because, currently I have a part of my portfolio invested in #RobiniaSwap both in the pool and in Farms.

The readings I have been making are not only part of some positivist vision, since they start from analysis on the behavior that some DeFi protocols have shown in the last two weeks, this if we ponder the expressive and very profitable valuations that tokens such as RBS, LUNA, AVAX and UNI are registering.

What happened in the last two weeks in the DeFi market, may be the preamble of potential gains even greater than the one we have already capitalized, now, another element to take into account is that the exponential growth phase of the altcoins or alternative cryptocurrencies season is also approaching, an element that will also give a boost to the entire DeFi market.

Another technical element to note is that if Bitcoin executes any correction, it is most likely that investors in the distribution zone will start to exit their positions and redistribute their resources among the most promising protocols in the market.

And from my perspective, among the most promising protocols on the market today are the services offered by the #RobiniaSwap platform, so for now I will maintain my positions in both the pool and the farms.

OBSERVATION:

The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: Blokfield.Gitbook.io

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